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Ruby Tuesday Emerges from Voluntary Chapter 11 Restructuring


February 24, 2021
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Maryville, TN  (
Ruby Tuesday today announces its successful emergence from bankruptcy. A Delaware bankruptcy judge confirmed the casual dining restaurant chain’s Chapter 11 plan of reorganization on February 17. The company had sought bankruptcy protection on October 7, 2020. The bankruptcy allowed Ruby Tuesday to shed liabilities, including leases from closed locations that were significantly impacted by COVID-19, and to strengthen its core business of 209 corporate-owned and operated locations. The successful emergence from Chapter 11 will allow Ruby Tuesday to reinforce the brand’s commitment to its existing guests, while continuing to develop virtual “delivery-only” brands to capitalize on its core strengths and increased off-premise business as part of the company’s long-term growth plan. ....

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L'Occitane, Inc. to Optimize U.S. Store Footprint to Best Position Business for the Future


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NEW YORK, Jan. 26, 2021 /PRNewswire/  L Occitane, Inc. ( L Occitane or the Company ), a leading U.S. retailer of beauty and well-being products rich in natural and organic ingredients that preserves and celebrates the traditions of Provence, today announced that it has taken action to further accelerate a transformation already well underway to best position its business for the future. With its iconic global brand and highest quality offerings beloved by many, L Occitane has successfully evolved its business model to serve customers nationwide across multiple channels. The initiative announced today will allow the Company to create a sustainable U.S. store platform for the long term.    ....

Us Lease Portfolio Restructuring Initiative , Loccitane Inc , Best Position Business , Voluntary Chapter , Portfolio Restructuring Initiative , Case Does Not Include Parent Company , Provence Boutiques Open Nationwide , Mall Gift Cards , Support Business As Usual Operations Across All , L Occitane , எங்களுக்கு குத்தகை போர்ட்‌ஃபோலீயோ மறுசீரமைப்பு முயற்சி , சிறந்தது பொஸிஶந் வணிக , தன்னார்வ அத்தியாயம் , போர்ட்‌ஃபோலீயோ மறுசீரமைப்பு முயற்சி , வழக்கு செய்யும் இல்லை சேர்க்கிறது பெற்றோர் நிறுவனம் , நிரூபிக்க பொடிக்குகளில் திறந்த நாடு முழுவதும் , அனைத்தும் பரிசு அட்டைகள் , ஆதரவு வணிக என வழக்கம் செயல்பாடுகள் குறுக்கே அனைத்தும் , ல் ஆக்சிடேன் ,